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Search Results 0 to 6 of about 7 (some duplicates have been removed)
'll play their hand i think to their full advantage. >> what kind of hand does john boehner have? where sg it leave him and his ability to control the tea party wing? >> it actually puts skron boehner in a good position because during the debt ceiling talks last year, he had a lot of push back from the very far right of his party in the house. the tea party caucus, for example. this time around we won't see the same dynamic at all because the tea party caucus and far right have lost a lot of political capital in light of the election. so what we've already seen is speaker boehner talking to republicans in the house, putting his foot down early and saying we're not going to have that same push back we saw. instead, i'm going to tell you what we're going to do and what this deal is going to look like and you'll fall into line. >> he got criticism because he negotiated a deal and then went back and tried to sell to the party. does he naed to do he need to d way around, get a set position and then go into discussions? >> i think that is the thinking this time around. and he has certainly recog
of congress. republicans john boehner and mitch mcconnell and democrats nancy pelosi and harry reid. >> we had a very constructive meeting with the president to talk about america's fiscal problem. >> we all know something has to be done. >> it was good. i feel confident that a solution may be in sight. >> we're prepared to put revenue on the table, provided we fix the real problem. >> tax hikes and spending cuts could go into effect simultaneously if no deal is reached on the fiscal cliff by the end of the year, both sides have said they are willing to compromise. house speaker boehner says republicans realize that neither side will get everything it wants. >>> exactly one week after he abruptly resigned as head of the cia, david petraeus was back on capitol hill. he met yesterday behind closed doors to brief lawmakers on the september 11th attack on the u.s. consulate in benghazi. according to lawmakers who were there, petraeus now says the attack was an act of terrorism and not the result of a spontaneous anti-western demonstration as initially reported. four americans died in the benghazi
candidates. but romney was beaten with a tax plan not dissimilar from the one boehner is currently pushing which is we won't allow taxes to go up, but we will close loopholes and romney lost on that. so there is a sense that obama for the short term has won the argument. >> granted it's a huge issue, but how many people was this election really a verdict on their tax plans? >> well, the argument is that romney often polled very well on competence in the economy, but obama polled much better on understands the needs of people like me. so there's a sense that if it comes down to class and empathy, the democrats have momentum here and the republicans are on the back foot. so in that sense, i think obama has an advantage. on the other hand republicans do have a good case to make when it comes to taxes because something that's not often discussed is that the costs of obama care will start to kick in in 2013. one example, businesses which hire 50th notice ewill face a fine of $40,000 if they don't take on government approved health care insurance. so republicans can argue that when we approach t
. boehner will be the speaker of the house unless something unforeseen happens in the next few weeks. he will keep the reins. the republicans lost a few seats, but that is not going to affect him. he ran unopposed in ohio for his own race, and the defining conflict of the republican conference in the 112th congress, the conflict between eric cantor and john boehner the speaker is really behind them from everything we have seen. that is remarkably stable, the first three positions. john boehner will be the next speaker, eric cantor will be the majority leader, and kevin mccarthy will be the majority whip. where it gets interesting is for the conference chairman position. that is currently held by jeb hensarling, who has been a rising star for a while within republican ranks. he was a republican study committee chairman, which is the top conservative position in republican circles in the house. there are two people making a run for conference chairman, tom price, who is also a former committee chairman of the past. he is currently making a bid for conference chairman, and then cathy mcmorr
says he wants to see higher tax rates. john vitter says axel in not. >> -- john boehner says clearly not. >> it is a lot easier to say at this level of generality. it becomes harder to enacted. the number of times of with the head of the cbo, senator so and so would call me up and say i want to talk about tax reform and i would walk in and the head is one talking point which is brought in the base and lower the rate. what are you willing to scale back? mortgage interest, cannot touch that. charitable, cannot touch that. you go down the list. one of the reasons of these new ideas being attractive is a are obscuring what has to be cut back. >> there is still a hard choice there. >> we are not saying we are going to cut out your ability to deduct your mortgage but i will get to keep my ability to deduct my local tax. everything goes into a pot. everybody gets to keep their deductions but you cannot be too greedy about it. it does have to limit the amount they can benefit from it. >> that is the selling point. >> the notion here, can you do this and have the only effect of the wealthiest
can tell you that the guys in the house and boehner, they really want to do this, this limiting deductions, limiting loopholes, raising effective rates, but lowering nominal rates. they want to do it that way but the president may say no and those guys in the house will say no and we might, it might happen. >> it might, but look, this is a leadership moment. we have a a leader who now has second term. he's a president. he's a fascinating individual in many respects. he's part of the problem. >> what gives you any indication he'll lead in this case? >> maybe he'll wake up to the fact that he has a chance to cut through the polarization and leave a winning legacy. this is his chance to rise above. give him a button. >> there you go. thank you for that, steve. we have more ahead from steve. coming up, we're going to talk about several stocks on the move ahead of the opening bell. we'll get down to "mad money's" jim cramer. "squawk on the street," jim cramer right after this. sometimes investing opportunities are hard to spot. you have to dig a little. fidelity's etf market tracker
Search Results 0 to 6 of about 7 (some duplicates have been removed)